Jamaica secures $6.7 billion international support for Hurricane Melissa recovery

Wednesday, December 3, 2025 -Jamaica has obtained a coordinated support package of up to US $6.7 billion over three years from a coalition of international financial institutions to aid recovery and reconstruction following Hurricane Melissa. 

The institutions involved include CAF – Development Bank of Latin America and the Caribbean (CAF), Caribbean Development Bank (CDB), Inter‑American Development Bank Group (IDB Group), International Monetary Fund (IMF), and World Bank Group (WBG). The package combines emergency relief funds, sovereign financing, grants, and mobilization of private‑sector investments to help Jamaica rebuild stronger and enhance long-term resilience.

Immediately following the hurricane, Jamaica’s pre‑existing disaster‑risk financing framework enabled a rapid flow of liquidity to address urgent needs. This included US $662 million from a mix of contingency funds, insurance payouts, and credit lines — helping to stabilize recovery efforts in the initial phase. The broader support from international partners is now being structured to cover long-term reconstruction.

Over the next three years, up to US $3.6 billion will be made available for government‑led recovery and reconstruction programs. Specific anticipated allocations include up to US $1 billion from CAF, up to US $200 million from CDB, up to US $1 billion from IDB, and up to US $1 billion from the World Bank. 

The IMF may also provide up to US $415 million through its rapid‑disaster financing window. Additionally, private‑sector arms of IDB and the World Bank are expected to mobilize around US $2.4 billion in investments, while grant funding and technical assistance are also provided to support resilient rebuilding and best practices in disaster recovery.